Home Loan Application - New Home Loan

FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb...

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Home Loan Application - New Home Loan Please complete the following form and fax it, together with the supporting documents, to 0860 74 88 87 or email it to [email protected] A. – Application details Individual o

Joint o

Company o

Trust o

Application type

New Home Loan o

Switch o

Future Use

Do you require an additional amount to be registered for Future Use? Yes o

Have you ever owned a home before?

Yes o

Applicant type

No o

Multiple o

If Yes, are you an existing FNB bond holder?

Close Corporation o

No o

Yes o

No o

If Yes, FNB account number B. – Personal details

Title

Applicant

Co-applicant / Spouse

Primary Applicant o

Co-Applicant o

Spouse o

Mr. o

Miss. o

Mr. o

Mrs. o

Miss. o

Ms. o

Dr. o

Prof. o

Mrs. o

Ms. o

Dr. o

Prof. o

First name(s) Surname Gender Male o

Date of birth (ddmmyyyy) Country of birth

Female o

Gender Male o

City

Female o

City

ID/Passport no. Are you a first time home buyer?

Yes o

S A Citizen

Yes o No o If no, specify nationality

S A Resident

Yes o No o

No o

Yes o

No o

Yes o No o If no, specify nationality

Residency:- Temporary o

Permanent o

Yes o No o

Residency:- Temporary o

Permanent o

White o

If Temporary Permanent Address

Tax obligations outside of RSA?

Yes o No o

Race

African o

Asian o

Coloured o

White o

African o

Asian o

Marital status

Single o

Married o

Divorced o

Widowed o

Single o

Married o

Yes o No o

If married, how?

ANC Accrual o COP o

Country of marriage

ANC without Accrual o If married, how? Traditional o Country of marriage

Coloured o Divorced o

ANC Accrual o COP o

Declared Insolvent / Sequestrated

Yes o No o

If yes, date:

Yes o No o

If yes, date:

Rehabilitated?

Yes o No o

If yes, date:

Yes o No o

If yes, date:

Widowed o

ANC without Accrual o Traditional o

Physical address (current) Suburb

Code

Town/City

Code

Province

Province

Postal address Suburb

Code

Town/City

Code

Province

Province

Telephone no. (w)

(

)

(

)

Telephone no. (h)

(

)

(

)

Cellphone

(

)

(

)

Email address

FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb 2017

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Personal details...(continued) Statements will be emailed to the Primary Applicant's address. However, should you prefer your statements to be posted, this can be arranged after registration or payout of this bond. C. – Employment details

Applicant

Co-applicant / Spouse

Employment status

Employed o Self-employed o Other:

Employed o Self-employed o Other:

Employment sector Occupation Type of employment

Permanent o

Length of service

Months

Type of income

Salary o

Temporary o

Contract o

Period of own business Wages o

Permanent o Months

Contract o

Period of own business

Salary o

Other:

Temporary o

Wages o

Other:

Name of employer Employer address (street) Suburb

Code

Code

Town/City Employer telephone no.

(

)

(

)

Previous employer Previous length of service

(Months)

(Months)

D. – Banking details

Applicant

Co-Applicant / Spouse

E. – Financial details

Applicant

Co-applicant / Spouse

Gross income (cost to company)

R

R

Commission

R

R

Other (specify)

R

R

Other (specify)

R

R

Total Gross

R

R

Net Income (amount deposited into your R bank account)

R

Account holder Bank name Account no. Account type Branch name Branch code

Monthly Expenses Vehicle (HP/Lease)

R

R

Mortgage (Bond/Rent)

R

R

Will this Bond/Rent fall away after registration of this bond?

Yes o

No o

Yes o

No o

Personal Loan

R

R

Medical Aid Contribution (if not deducted from salary)

R

R

Telephone & Cell

R

R

Other (specify)

R

R

Obligation as Surety

R

R

Child/Spouse Maintenance

R

R

Total Instalments

R

R

Minimum Repayment

Minimum Repayment

Revolving Monthly Payments Credit Cards

R

R

Retail Cards

R

R

Overdraft

R

R

Other Revolving Debt

R

R

Total Minimum Repayments

R

R

R

R

Living Expenses Housekeeping

FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb 2017

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Financial details...(continued) (groceries,garden service and domestic etc) Water & Lights

R

R

Levy / Rates & Taxes

R

R

R

R

R

R

Life Assurance Policies

R

R

Education School/University

R

R

Total Living Expenses

R

R

Total Expenditure

R

R

Total Net Income

R

R

Less Total Expenditure

R

R

Surplus/Shortfall

R

R

Fuel & Vehicle Maintenance Insurance Car & Household

Household size: Number of people dependent on this income:

Adults

Children

F. – Loan details Purchase price

R

Total Amount required

R

Future Use amount required Loan term (years) Maximum 20 years

R

G. – Details of the Property to be bonded Property type

Freehold property o

Purchase price (if applicable) Property use

R Primary residence?

Sectional title o

Yes

o

Small holding o

No

Stand/Erf no.

Vacant land o

o Portion no.

Physical address (street) Town/City

Suburb

Province

GPS co-ordinates

Code

Complex name Section Number(s) Contact person

Unit no

(to gain access to property for valuation)

Cellphone

(

)

Telephone no.

(

)

Registered bond holder’s name Transferring Attorney details Registration Attorney details H. - Details of existing bond account to be switched or converted Institution name

Account holder’s name

Bond account no.

Registered Bond Amount

R

I. – Company / Close Corporation / Trust details This section should only be completed if the property is to be registered in the name of a Company, CC or Trust. See 'Supporting documents' section for documents which must be submitted with this application. Registered name Registration no.

VAT registration no.

Business address All Director(s)/Member(s)/Trustee(s)/Shareholder(s) are required to complete the Personal Details section of the application form. J. – Supporting documentation that must accompany this application NB In all instances, copies of all relevant parties Identity Documents or Passports are required. In all instances (apart from where the Applicant banks with FNB), the latest three months bank statements will be required for salaried applicants, and 6 months bank statements will be required for self-employed and commission earning customers (internet transaction history will not be accepted). The statements must be of the account into which the Applicant(s) income is deposited, and these must accompany the application. In addition, the relevant supporting documentation as stated below is also required. If you are applying for a:Then we require the following together with the relevant fully completed application form:First bond

·

Offer to Purchase

Switch from another bank

·

Latest 6 months home loan statements

Building loan

· · ·

Building contract / Offer to purchase Schedule of finishes from the builder Quotation / tender, with a full breakdown of costs, from the builder

FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb 2017

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Supporting documentation...(continued)

One Account

· · ·

Builder's NHBRC registration certificate Draft building plan (Architect's plan in .pdf format) Offer to purchase (for every new purchase)

Further loan

·

As per the relevant category

If the applicant is:-

Then we require:-

A salary earner

· ·

Weekly earner

Your latest payslip - it must be the most recent month If you meet all of the criteria below, you do not need to submit a payslip:· where the salary is paid into an FNB current account; · where the amount is the same for the last 3 consecutive months and · where the customer has banked with FNB for at least the latest 12 months · If the income is variable and/or includes overtime, incentives reimbursements etc, we require the last 6 months pay slips; If "other" income is declared, e.g. Rental income then proof of this income must be provided i.e.lease agreements etc. · Last six (consecutive) months payslips, reflecting the commission, are required. · Last 3 months bank statements. · Payslip for every week for the past 3 months.

Paid fortnightly / Twice a week

·

All payslips covering the last 6 months,plus last 3 months bank statements.

Pensioner Incentive / Bonus (monthly)

· · ·

Letter from your company stating you are a pension earner and the monthly pension amount. Annuity letter from relevant insurance company. Latest 12 months bank statements and 12 months payslips reflecting the income.

Rental

·

Maintenance

· · ·

Signed rental or lease agreement. NOTE: Rental must be deposited into an FNB transactional account. Complete Divorce Decree/Court Order detailing the maintenance payments is required. The latest 3 months bank statements where maintenance is deposited. Signed employment contract of a tenure of at least 2 years.

A commission / Over time

Contract Workers Newly employed (less than 3 months)

· First payslip is required . · Employment contract. Self employed / · Shareholder in a Company with 19% or less shareholding: A Company / · Auditor's letter confirming shareholding percentage A Close Corporation / · Latest Payslip A Trust Self-employed shareholder in a Company with more than 19% shareholding OR a member of a Close Corporation · Accountant's letter confirming percentage shareholding of business and value of income derived from business (only applicable to Company) · Signed and dated personal assets and liabilities, not older than 9 months · Signed and dated personal income & expenditure statement · Signed up-to-date year-end financial statements covering the last 2 years and up-to-date management accounts if year-end financials are older than 9 months · Year-end financials, prepared/signed by an accredited accountant/financial officer/auditor and signed by the customer/applicants · Last 6 months business bank statements · Last 3 months personal bank statements if salary is the same every month, else last 6 months required The Bank may request latest SARS ITA34 · In addition to the above, the following documentation, relevant to the applicant type, is required. Individual / Joint / Multiple customer · ID document of each applicant Note:- If married COP or if the home loan will be in more than 1 name, ensure that you submit all the necessary documents for each applicant SA Citizen working abroad · ID Document · Last 6 months bank statements from the country you bank with. · Last 6 month's payslips · Employment contract Foreign National · Valid passport · Latest payslip · Must have banked with FNB for a minimum of 12 months · Work permit which must be valid for a minimum of 3 years Non-resident · Valid passport · Last 6 months payslips (no self-employed applicants) · Last 6 months bank statements A Company · Company's latest financial statements · All financial information of each Director / Shareholder - see Source of income · Last 6 months bank statements of the Company Note:- Personal assets and liabilities statement is required for all Directors A Close Corporation (non-trading) · CK2 document (if there have recently been changes in membership) · The CC's latest financial statements · All financial information of each Member - see Source of income · Last 6 months bank statements of the Close Corporation Note:- Personal assets and liabilities statement is required for each Member, even if the income is from a salary A Trust · Trust Deed (the Lender will not process the application where the Trust is not yet formed) · Trust's letter of authority. · Trust's latest financial statements · All financial information of each Trustee - see Source of income · Letter from accountant showing non vested interest of Trustees. · Last 6 months bank statements of the Trust. FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb 2017

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Supporting documentation...(continued)

A Sole Proprietor

· Trust Income Declaration Note:- Personal assets and liabilities statement is required for each Trustee, even if the income is from a salary · As per self-employed except that trading results (balance sheet and profit & loss statement) do not have to be prepared by a registered accountant or auditor Note:- The Lender may request the latest SARS ITA34

K. Declaration and Consent 1.

2.

Declaration 1.1.

I/We the undersigned certify that all the information provided to FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") is true and correct, and that I/we have not withheld any information which would affect the decision of the Lender.

1.2.

I/We hold no other citizenships and residencies and will inform the Lender in writing within 30 days of the change of status.

1.3.

I/We acknowledge that providing the Lender with incorrect or false information may result in me/us being denied the protection offered by the National Credit Act, No. 34 of 2005 if applicable.

1.4.

I/We certify that I/we am/are not under debt review or an administration order.

1.5.

I/We acknowledge that the payout of funds can not be processed until all the account holders have been identified in terms of FICA requirements.

1.6.

I/We will not have access to the Flexi Option with a set limit. The Flexi Option will only allow access to funds paid over and above the minimum monthly repayment amount (Prepaid amount).

Consent 2.1.

I/We consent to the Lender processing (collecting, using, storing or otherwise dealing with) my/our personal information for the purposes of providing services and products.

2.2.

I/We consent to the Lender sending confidential information to the email address supplied herein;

2.3.

l/We consent and authorise the Lender pursuant to this application to: 2.3.1. obtain from any credit bureau all personal information relating to my/our credit profile; 2.3.2. transmit all relevant personal information provided by me/us to OUTsurance Insurance Company Limited, for the purpose of offering insurance products to me/us, relating to this application; 2.3.3. transmit to any credit bureau all personal information relating to this application, the entering into and termination of any agreement as permitted in terms of the National Credit Act; and 2.3.4. contact my current or prospective employer to confirm my/our continued employment.

L. Signature Clause I/we confirm that I/we have read and understood this application.

Customer - Full Name/Surname

Customer - Full Name/Surname

Signature

Signature

Date (dd/mm/yyyy)

Date (dd/mm/yyyy)

Consent of Surety (if applicable) I/we confirm that I/we have read and understood this application.

Surety - Full Name/Surname

Surety - Full Name/Surname

Signature

Signature

Date (dd/mm/yyyy)

Date (dd/mm/yyyy)

Companies, Close Corporations and Trusts (if applicable) For and on behalf of in his/her capacity as pursuant to a Resolution dated the

day of

20

a certified copy is attached.

Address Registration number FirstRand Bank Limited Registration Number 1929/001225/06 its order, successors in title or assigns ("the Lender") Home Loan Application Published Feb 2017

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